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Yadulla is a 49-year-old married man and has four children. He is an IDP (internally displaced person), and lives with his family in Bilasuvar IDP Settlement. He breeds cows and cattle, and he sells dairy products, as well as cattle for beef to local butchers. Yadulla has more than 12 years of experience in this field, thanks to his father, who taught him the best way to look after cattle.

Yadulla usually buys calves, raises and fattens them in five to six months, and resells them from his house, for a profitable price, to butchers. Milk and yogurt he sells to the neighbors. Selling dairy products and meat brings 80 AZN per month in income. Milk, yogurt, and meat are very popular in Azerbaijan. People use meat in everyday national dishes, such as pilau and dolma, and always use yogurt sauce. Milk products are considered very healthy and are also present in everyday life.

Yadulla's is the only income in his family, and it is not enough to cover the basic needs of his beloved children. Yadulla applied for a loan of 1750 AZN to purchase three beef cattle, one milking cow, and fodder.

Additional Information

More information about this loan

This loan is designed for clients residing in settlements for Internally Displaced Persons (IDPs) in Bilasuvar, Azerbaijan. An internally displaced person (IDP) is someone who has been forced to flee his or her home due to armed conflict, violence, human rights violations, or natural or manmade disasters, but who, unlike a refugee, has not crossed an international border (source: UN Office for the Coordination of Humanitarian Affairs). Many of these people have failed to qualify for loans through formal channels due to low income and lack of collateral. By funding this loan, you are creating opportunities and supporting economic development in extremely underserved communities. 

About Aqroinvest:

Aqroinvest Credit Union was founded in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.

In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.

About Azerbaijan

  • $10,800
    Average annual income
  • 29
    View loans »
    Azerbaijan Loans Fundraising
  • $14,902,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
A loan of $2,250 helped Yadulla to buy three beef cattle, one milking cow, and fodder.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Oct 1, 2012
Oct 26, 2012
Currency Exchange Loss:
Nov 25, 2012